Robpoll

Robpoll

On the daily chart, NATGAS has formed a perfect double bottom, it's above the Daily 20, 50 and 100 EMAs. We are now contending with the 200ema. Price on the 1 hour is in a rising channel. Daily RSI and 1 Hour RSI above the 50 line, which is a bullish turning signal. Seasonality and reduce production is on the bulls side. Production hovering at 99.8bcf per...

Robpoll

We're getting a fantastic opportunity to buy natgas ahead of winter. If we find support around $1.850 to $1.90, we'll have a double bottom on the daily. We might find that support comes as the September contract rolls over to October.

Robpoll

Daily 50 ema is the white line. Strong resistance. We've now formed a trendline along recent tops. We'd need to break the trendline, and also close close a daily candle above the Daily 50ema.

Robpoll

Silver currently in a down Channel. There's a very large silver deficit not many know about, it's used in all productions, and not enough is being mined to supply the world. A weak USD Dollar and a pick-up in Industrial production from India and China should send Silver towards it's all time highs at $49.

Robpoll

Descending Channel. Recent Bearish moved remain intact. 100ema acting as resistances.

Robpoll

50 ema defining the chop down. Down trending channel. Bearish until otherwise above the 50ema or break of the channel.

Robpoll

Natgas stuck in a downwards channel for now. 50ema often respected as serious support / resistance.